ABOUT THAT WALLET

334: [Sandra Park] Building Wealth Without the Hype

In this episode of the About That Water podcast, host Anthony Weaver engages with Sandra Park, a financial coach and engineer, discussing her journey from being a corporate employee to a multimillionaire and entrepreneur. They explore the importance of financial education, the challenges of public speaking, and the impact of social circles on financial growth. Sandra shares her insights on budgeting, raising financially savvy children, and the transformative power of podcasting. The conversation emphasizes the significance of taking ownership of one's financial journey and the value of pursuing work that brings fulfillment.Takeaways://Embracing discomfort can lead to personal and financial growth.//Social circles can significantly impact financial growth.//Overcoming financial challenges requires intentionality and focus.More from Sandra Park: https://www.engineerherpath.comhttps://www.youtube.com/@engineerherpathhttps://www.linkedin.com/in/engineerherpath/https://www.instagram.com/engineerherpath/=||Chapters||=00:00:00 Introduction to Financial Empowerment00:02:54 The Journey of Public Speaking00:05:48 Transformative Financial Experiences00:08:35 Shifting Mindsets on Money Management00:11:27 The Path to Financial Independence00:13:49 Learning from Financial Mistakes00:16:59 The Impact of Social Influences on Spending00:19:43 Cultural Perspectives on Work and Success00:22:34 Finding Balance in Life and Hobbies00:25:01 Embracing Imperfection in Hobbies00:26:30 Navigating Millionaire Status and Social Circles00:28:15 The Journey of Openness and Self-Perception00:29:47 Surrounding Yourself with Positive Influences00:31:21 The Importance of Action Over Dreams00:33:15 Investing in Personal Development00:34:57 Teaching Financial Literacy to the Next Generation00:37:48 Starting Early: Investing for Children00:40:42 Choosing the Right Financial Advisor00:47:29 Investment Strategies: Dollar Cost Averaging00:49:22 Lessons from Bad Financial Advice00:51:21 Reflections on Career and Life Goals00:54:51 Embracing Change and Pursuing Passion00:57:03 The Power of Podcasting01:01:39 Final Thoughts and Personal InsightsDisclaimerThe information in this podcast is for general informational and educational purposes only and does not constitute financial, legal, or tax advice. Please consult with a qualified professional for advice tailored to your individual circumstances.Episode 334Support this podcast at — https://redcircle.com/about-that-wallet/donations

333: [Kyle Beltle]: Proactive Tax Planning for Entrepreneurs

In this episode, Anthony Weaver and Kyle Beltle discuss essential tax strategies for entrepreneurs and business owners. They emphasize the importance of proactive tax planning, exploring various deductions and strategies that can significantly reduce tax liabilities. Key topics include the Qualified Business Income (QBI) deduction, the Pass-Through Entity Tax (P-TET), and the benefits of maximizing retirement contributions. The conversation also touches on the implications of real estate investments and the future of tax planning in an evolving economic landscape.Takeaways: //Planning for taxes should start on January 1st.//Most business owners are only paying taxes on 80% of their profits.//The QBI deduction can save significant amounts on taxes.//P-TET allows for full deduction of business taxes in certain states.More about Kyle Beltle: https://x.com/kylebeltlehttps://www.linkedin.com/in/kylebeltle/https://ProactiveCPA.co =||Chapters||=00:00 Introduction to Proactive Tax Strategies02:48 Understanding Taxes and Their Importance05:29 Top Tax Strategies for Entrepreneurs08:09 Maximizing Deductions: QBI and P-TET10:43 Retirement Contributions and Tax Savings13:29 Client Stories: Real-Life Tax Strategies16:13 Navigating Real Estate and Tax Implications19:01 LLC Considerations for Small Businesses21:11 The Future of Tax Planning and AI24:10 Final Thoughts and Key TakeawaysTHANK YOU FOR LISTENING! For more check out https://Aboutthatwallet.comDisclaimer: The information in this podcast is for general informational and educational purposes only and does not constitute financial, legal, or tax advice. Please consult with a qualified professional for advice tailored to your individual circumstances.Episode 333Support this podcast at — https://redcircle.com/about-that-wallet/donations

332: [Ashlee Edwards] Ai Review

Ai Review of Episode 332 with Ashlee Edwards the owner of LNDR$ & FRNDS. Leave a review and listen to the full podcast episode! https://aboutthatwallet.comSupport this podcast at — https://redcircle.com/about-that-wallet/donations

332: [Ashlee Edwards] How to Become a Private Lender

In this episode of the About That Wallet podcast, I discuss with Ashlee Edwards, an attorney and private money lender, the intricacies of private lending and wealth building. They explore how to alleviate risks in real estate investing without becoming a landlord, the importance of understanding the lending process, and the time investment required to set up a lending business. Ashlee shares her personal experiences, mistakes made in real estate, and the significance of building relationships in lending. The conversation also touches on creative financing strategies and the future of community-based lending.Takeaways//Private lending is a viable way to build wealth.//Understanding your source of funds is crucial.//Mistakes in real estate can be costly without proper agreements.//Passive income in real estate is often overstated.//Niche lending can provide unique opportunities.//Building relationships is key in the lending business.More About Ashlee: - https://www.instagram.com/lndrsnfrnds/- https://www.youtube.com/@ashealways- https://www.facebook.com/lndrsnfrndsMy affiliate links for the May and August accelerators.//May: https://abouthatwallet--genfinity.thrivecart.com/pmlamay26///August: https://abouthatwallet--genfinity.thrivecart.com/pmlaaug26/Chapters00:00 Introduction to Private Lending and Wealth Building02:55 Understanding the Lending Process05:50 Time Investment in Setting Up Lending08:58 Navigating 1031 Exchanges and Mistakes11:55 The Reality of Real Estate Investing15:00 Finding the Right Borrowers and Projects17:46 Establishing a Lending Business20:57 Securing Loans and Managing Risks23:47 Building Relationships in Lending28:15 Red Flags in Lending: Lessons from Relationships29:55 Decision-Making Frameworks in Lending31:59 Identifying What You Want in Loans34:59 The Importance of Emotional Management in Business37:48 Building a Network for Empowered Lending40:04 Creative Financing: Exploring Diverse Funding Sources41:41 Defining Wealth: Freedom and Opportunity42:52 Learning from Money Mistakes45:18 Books that Inspire: Shifting Perspectives47:12 Cooking and Seasoning: A Culinary Philosophy49:51 Connecting with Ashlee: Where to Find MoreCheck out more episodes: https://aboutthatwallet.comDisclaimer: The information in this podcast is for general informational and educational purposes only and does not constitute financial, legal, or tax advice. Please consult with a qualified professional for advice tailored to your individual circumstances.Episode 332Support this podcast at — https://redcircle.com/about-that-wallet/donations

331: [Toni Kennedy] Ai Review

Ai Review episode of episode 331 with Toni Kennedy. Episode 331 bonusSupport this podcast at — https://redcircle.com/about-that-wallet/donations